Tag: xr

Apple just launched three new smart battery cases for its newest iPhones. It’s the first time Apple has launched a battery case since the one it first began selling for the iPhone 6/iPhone 6s. The cases are available in either black or white and can be purchased for the iPhone XS, the iPhone XS Max and the iPhone XR. The cases can be ordered now and will be available in stores on Jan. 18. WATCH: CNBC’s Todd Haselton’s iPhone XR review

Apple just launched three new smart battery cases for its newest iPhones. It’s the first time Apple has launched a battery case since the one it first began selling for the iPhone 6/iPhone 6s.

The cases are available in either black or white and can be purchased for the iPhone XS, the iPhone XS Max and the iPhone XR. They add battery life but make the phone a bit thicker. They also work with wireless chargers, so you can drop them on a charging pad to juice them up instead of plugging them in.

Apple says the iPhone XS case offers up to 21 hours of internet use or 25 hours of video playback, the iPhone XS Max case offers up to 20 hours of internet use or 25 hours of video playback, and the iPhone XR case offers up to 22 hours of internet use or 27 hours of video playback.

The cases can be ordered now and will be available in stores on Jan. 18.

Apple plans to unveil three new iPhone models later this year, including a successor to the XR, The Wall Street Journal reported Friday. The tech giant’s new phones will include new camera features, the WSJ reported, citing people familiar with the situation. The higher-end model will be fitted with a triple rear camera, while the lower-end models will be fitted with a double rear camera, the report said. One will feature a liquid-crystal display (LCD), the display that Apple’s lower-end iPhone

Apple plans to unveil three new iPhone models later this year, including a successor to the XR, The Wall Street Journal reported Friday.

The tech giant’s new phones will include new camera features, the WSJ reported, citing people familiar with the situation. The higher-end model will be fitted with a triple rear camera, while the lower-end models will be fitted with a double rear camera, the report said.

One will feature a liquid-crystal display (LCD), the display that Apple’s lower-end iPhone XR model currently comes with. The XR has reportedly struggled to win over Chinese consumers. The firm recently lowered its revenue guidance for the first quarter, alarming investors, and cited lower-than-expected iPhone revenue “primarily in Greater China” as one of the main reasons behind its warning.

According to the WSJ, Apple is considering sticking with phones that contain organic light-emitting diode (OLED) displays from 2020, and dropping LCD displays altogether. OLED screens make images appear brighter and sharper than LCD panels.

Apple was not immediately available for comment when contacted by CNBC. Apple shares were 0.1 percent higher in premarket trade Friday.

Apple’s latest iPhone models are facing huge discounts in China as retailers try to sell the struggling devices. That comes as the top-of-the-line Apple smartphones have posted poor China sales on what experts say are too-high prices for the world’s largest smartphone market and a lack of innovative features compared to local competitors like Huawei. Other third-party sellers on the site had the devices for even cheaper, offering flash sales to try to unload iPhones. Sunion, an Apple re-seller,

That comes as the top-of-the-line Apple smartphones have posted poor China sales on what experts say are too-high prices for the world’s largest smartphone market and a lack of innovative features compared to local competitors like Huawei. The technology giant itself acknowledged earlier this month that unexpectedly low sales in the Chinese market would likely lead to worse-than-anticipated first quarter revenues.

One of the most recent iPhone cost cuts in the country came from Suning, a large Chinese retailer, which changed the price of the 128GB version of the iPhone XR from 6,999 yuan ($1,036) to 5,799 yuan ($858) — a 1,200 yuan ($178) discount.

Other third-party sellers on the site had the devices for even cheaper, offering flash sales to try to unload iPhones. One seller had a 256GB version of the iPhone XS Max, Apple’s most premium device, for 9,699 yuan ($1,436), way below the U.S. firm’s official selling price of 10,999 yuan ($1,628) for that smartphone.

Still, that remains more expensive than in the U.S., where the same phone would sell for $1,249, according to the Apple website.

And that’s just on one site. Other retailers in China are also putting their iPhones on sale. Sunion, an Apple re-seller, was advertising 700 yuan off for both the 128GB and 256GB versions of the iPhone XR. E-commerce site Pinduoduo, which allows third-parties to sell products, also had hefty discounts across all of the latest iPhone models.

Apple’s issues in China are down to two major factors, experts and local consumers say: It got its pricing wrong, and it has failed to introduce features to excite consumers in a forward-thinking technology market. Now, analysts said, competitors have taken market share in the premium smartphone space.

Apple’s latest iPhone models are attracting more Android users to the brand than in previous years, a new report by Consumer Intelligence Research Partners found. The report found that 16 percent of iPhone buyers upgraded from an Android phone in the 30-day period after the launch of the iPhone XR. “It appears that iPhone XR did serve to attract current Android users,” Mike Levin, CIRP co-founder and partner, said in a statement in a press release. But, based on the pricing and features, we can

Apple’s latest iPhone models are attracting more Android users to the brand than in previous years, a new report by Consumer Intelligence Research Partners found. Signs have pointed to relatively weak demand overall for the iPhone XS, XS Max and XR, like lowered guidance by some of Apple’s key suppliers and the company’s announcement that it will no longer disclose unit sales for the iPhone.

The report found that 16 percent of iPhone buyers upgraded from an Android phone in the 30-day period after the launch of the iPhone XR. After the iPhone 8 and 8s were released in September 2017, 12 percent of iPhone buyers upgraded from an Android phone, and when the iPhone X was released in November 2017, that number was 11 percent.

“It appears that iPhone XR did serve to attract current Android users,” Mike Levin, CIRP co-founder and partner, said in a statement in a press release. “Of course, Apple doesn’t just state plainly its launch strategy. But, based on the pricing and features, we can infer that Apple positioned the iPhone XR to appeal to potential operating systems switchers from Android.”

CIRP’s report found that nearly a third of iPhone buyers in the U.S. flocked to its cheapest new model, the XR, which starts at $749. In the 30 days after its launch in October 2018, CIRP found that XR sales made up 32 percent of total iPhone sales in the U.S. During the same 30-day period after the XR release, sales for the the iPhone XS and XS Max accounted for 35 percent of U.S. iPhone sales combined.

In an interview with CNET last month, Apple’s vice president of product marketing, Greg Joswiak, said the iPhone XR had “been our most popular iPhone each and every day since the day it became available.”

This share of XR sales tracks with that of previous models in their first month on the market, CIRP said, acknowledging that it can’t make an exact comparison since this year Apple launched its more cheaper model second, diverting from previous launch strategies.

Another Wall Street firm has cut expectations for Apple amid fears of soft smartphone and overall iPhone demand. Walkley slashed his iPhone units sales expectations to 213 million in 2018, 208 million in 2019 and 217 million in 2020. “Our surveys indicated soft smartphone demand with disappointing initial XR sales,” Walkley wrote in a note to clients Thursday. “Given the soft start to the latest lineup of iPhones, we are lowering our iPhone estimates and forecast lower year-over-year unit sales

Canaccord Genuity analyst Michael Walkley reduced his 12-month price target to $225 from $250 over the next year. The new target is still 24 percent higher than Wednesday’s closing price.

Canaccord Genuity also lowered its 2019 and 2020 earnings per share estimates. It now expects EPS of $13.25 next year and $14.69 in 2020 versus $13.46 and $15.18 previously. Walkley slashed his iPhone units sales expectations to 213 million in 2018, 208 million in 2019 and 217 million in 2020.

The analyst said muted demand for the XR fell short of his high expectations. He added that survey feedback for “lackluster” initial sales included its inferior quality perception given its aluminum construction versus the XS and XS Max, as well as lack of an HD screen and lower-cost options in the older iPhone X and 8 models.

Despite the target cut, Walkley still has a buy rating on the company’s stock. Shares of Apple rose 0.9 percent in premarket trading Thursday.

You might want to consider upgrading your iPhone now if you’ve been on the fence about buying a new iPhone XR or iPhone XS. It might even help boost sales of the iPhone XR. Apple typically offers $75 toward the price of a new iPhone if you trade in your iPhone 6. With its current promotion, however, Apple now offers $150 if you trade in an iPhone 6 for a new iPhone XR or iPhone XS. Apple will give you a $200 credit if you trade in the iPhone 6 Plus or iPhone 6s, twice what it normally offers.

You might want to consider upgrading your iPhone now if you’ve been on the fence about buying a new iPhone XR or iPhone XS.

Ahead of the holidays — an important quarter for Apple sales — Apple increased the amount of credit it’s willing to offer customers who are trading in older iPhones toward the purchase of the new models it launched this year.

It might even help boost sales of the iPhone XR. Rumors of weak demand for that device have continued over the last several weeks after Apple suppliers cut revenue forecasts.

Apple typically offers $75 toward the price of a new iPhone if you trade in your iPhone 6. With its current promotion, however, Apple now offers $150 if you trade in an iPhone 6 for a new iPhone XR or iPhone XS. The offer applies to other phones too.

Apple will give you a $200 credit if you trade in the iPhone 6 Plus or iPhone 6s, twice what it normally offers. It’s offering a credit of $75 more than usual for the iPhone 7 ($250 total) and a $300 credit for the iPhone 7 Plus or iPhone 8 ($50 and $25 more than usual, respectively.)

This isn’t a whole lot of money for those devices, but it takes the headache out of trying to sell and ship a phone yourself. If you want to sell a device for cash instead of a trade-in value, consider sites that let you list a product and set your own price, like eBay, Swappa or Craigslist. Make sure you have everything, including a box and charger, to get the most out of your sale.

Also, keep in mind that the amount Apple will credit you for a trade-in will depend on the condition of your current iPhone. If it has a cracked screen, for example, expect to get less than the full trade-in amount. You can see what your device is worth and learn more on Apple’s trade-in site.

Apple is planning to help its wireless carrier partners subsidize the costs of cutting the iPhone XR price in Japan, according to The Wall Street Journal. It’s the latest signal the iPhone XR isn’t selling as well as expected. Also, well-known Apple analyst Ming-Chi Kuo, who was at first very bullish about the iPhone XR, issued a note earlier in the month that cut his iPhone XR shipment estimates by 30 million units. The iPhone XR is the more affordable of the three iPhones Apple launched this y

Apple is planning to help its wireless carrier partners subsidize the costs of cutting the iPhone XR price in Japan, according to The Wall Street Journal.

It’s the latest signal the iPhone XR isn’t selling as well as expected.

Earlier this month, Nikkei reported that Apple had asked suppliers to cancel plans to boost production of the iPhone XR, which also suggested demand for the device was not as high as anticipated. Also, well-known Apple analyst Ming-Chi Kuo, who was at first very bullish about the iPhone XR, issued a note earlier in the month that cut his iPhone XR shipment estimates by 30 million units.

The iPhone XR is the more affordable of the three iPhones Apple launched this year. Apple included many of the features available in its high-end iPhone XS and iPhone XS Max flagship phones, including support for Face ID and a large display, but the Journal said customers in Japan still prefer last year’s even more affordable iPhone 8.

It’s common to see discounted phones leading into the holiday season, however.

Many manufacturers, including Samsung and Google, also discount phones, and carriers have regularly offered bargains to customers in the U.S. to help drive sales. Apple’s holiday quarter is usually dominated by iPhone sales. Apple sold 77.3 million iPhones during the holiday quarter last year, for example. But Apple said earlier this month it will no longer break out its individual unit sales for iPhone.

Weaker demand for Apple products as well as a lackluster reception for the iPhone XR outside of the United States will prevent shares from advancing at all over the next year, according to Goldman Sachs. “In addition to weakness in demand for Apple’s products in China and other emerging markets it also looks like the balance of price and features in the iPhone XR may not have been well-received,” Goldman analyst Rod Hall wrote Tuesday. “Our estimates remain at the lower end of Apple’s guidance r

Weaker demand for Apple products as well as a lackluster reception for the iPhone XR outside of the United States will prevent shares from advancing at all over the next year, according to Goldman Sachs.

“In addition to weakness in demand for Apple’s products in China and other emerging markets it also looks like the balance of price and features in the iPhone XR may not have been well-received,” Goldman analyst Rod Hall wrote Tuesday.

“Our estimates remain at the lower end of Apple’s guidance range at this point as we believe the company likely included this more negative scenario in its provided range,” Hall added.

Facebook shares have slid 40 percent from their highs, as the company has been the hardest hit of the FAANG stocks. Amazon shares continue a fall begun when it gave a fourth-quarter outlook on Oct. 25 which was much lower than expected. Netflix and Alphabet shares, meanwhile, have largely fallen in lockstep with the rest of the FAANG stocks. Facebook and Alphabet each hit their 52-week highs in July, at $218.62 a share and $1291.44 a share, respectively. Amazon and Apple were the most recent to

Goldman Sachs slashed its Apple price target on Tuesday. The firm said in a note there is a “weakness in demand for Apple’s products in China and other emerging markets,” as well as a disappointing reception for the iPhone XR model.

Facebook shares have slid 40 percent from their highs, as the company has been the hardest hit of the FAANG stocks. A bevy of negative publicity has come since this summer, especially focused on top Facebook executives’ handling of foreign influence on the 2016 U.S. election.

Amazon shares continue a fall begun when it gave a fourth-quarter outlook on Oct. 25 which was much lower than expected. Netflix and Alphabet shares, meanwhile, have largely fallen in lockstep with the rest of the FAANG stocks.

Facebook and Alphabet each hit their 52-week highs in July, at $218.62 a share and $1291.44 a share, respectively. Netflix peaked in June at $123.21 a share. Amazon and Apple were the most recent to hit 52-week highs at $2550.50 a share in September and $233.47 a share in October, respectively.

Shares of Apple fell 4 percent on Monday after a report said the tech giant has cut down on iPhone production orders. The Wall Street Journal reported, citing people familiar with the situation, that Apple has slashed orders for the iPhone XR, XS and XS Max models. The three models were unveiled in September. Apple told its suppliers it planned to slash production of the XR by a third of the approximately 70 million units it had asked them to build between September and February, the Journal rep

Shares of Apple fell 4 percent on Monday after a report said the tech giant has cut down on iPhone production orders.

The Wall Street Journal reported, citing people familiar with the situation, that Apple has slashed orders for the iPhone XR, XS and XS Max models. The three models were unveiled in September.

Apple told its suppliers it planned to slash production of the XR by a third of the approximately 70 million units it had asked them to build between September and February, the Journal reported. It added that in the past week the company told suppliers it plans to trim production of the XR again.